Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$493,664$493,664$494,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$27,886$0
Funding fee$2,468$2,468$0
Note rate5.410%5.410%7.400%
Blended rate5.410%5.756%7.640%
1st payment$2,950.75$2,950.75$3,421.05
2nd payment$0.00$275.95$0.00
Taxes / mo$457.50$457.50$457.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.82
HOA / mo$161.00$161.00$161.00
Total monthly$3,735.92$4,011.87$4,305.04
Cash to close$55,336$27,450$54,900